U.S. Home Textile Industry Overview

The U.S. home textile market size was estimated at USD 19.14 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2030.

Home textiles, an extended yet significant part of home design, are now perceived as statements about an owner’s personality, tastes, and preferences. In addition, the product manufacturers have been experimenting and inventing a lot in terms of styles, patterns, designs, quality standards, and applications as well to lure a fresh pool of customers. The changing customer preferences in terms of consumption patterns and increased demand for specific sections such as natural fabrics or organically grown fabrics are also assisting the overall market growth.

Gather more insights about the market drivers, restrains and growth of the U.S. Home Textile Market

Different factors have been contributing to increasing demand in the U.S. Home textile market. For instance, post-pandemic upsurge, steady mortgage rates, and increased job recoveries are most likely to develop rising demand in the housing industry in the U.S. In addition, a growing number of refurbishment and renovation works done by residents across the U.S. has been driving the market towards greater growth.

Well-equipped manufacturers have now started offering an entire set up of home textiles including products required for bedrooms, bathrooms, floor coverings, kitchens, curtains, and more. This adds an advantage for customers as they move from unorganized, different styles and patterns to similar designs, colors, quality of the fabric, and taste. This enables customers to turn their homes into a unique, nostalgic, and sophisticated experience that is not only filled with warmth but also is backed with luxurious, premium, and preferred home textiles.

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• The global multifunctional furniture market size was estimated at USD 7.21 billion in 2023 and is expected to grow at a CAGR of 6.6% from 2024 to 2030. 
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Key U.S. Home Textile Company Insights

The U.S. Home textiles industry is comprised of established players as well as new entrants. These companies are primarily opting for strategies such as new product launches, collaborations, diversification of product range, and using enhanced sales techniques to attain and hold higher market share. Some of the key companies operating in the market include Welspun Group, New Sega Home Textiles, Ralph Lauren Corporation, Milliken, Mohawk Industries, Rugs USA, and others.

In August 2023, one of the leading e-retailers in the U.S. acquired the Annie Selke Cos., which includes the Annie Selke. The company is known for providing rugs, bedding materials, and other home goods through brand labels such as Annie Selke, Pine Cone Hill, and Dash Albert brands.

In May 2023, The Textile Business at Milliken announced interactive booth space debuting at Techtextil North America. The booth space is designed precisely as an interactive experience, customers are encouraged to touch, feel, move, and explore the space based on their areas of interest and everything that catches their eye.

Key U.S. Home Textile Companies:

• Welspun Group
• New Sega Home Textiles
• Ralph Lauren Corporation
• Milliken
• Mohawk Industries
• Rugs USA
• Westpoint
• Shaw Industries Group, Inc.
• Home Textile America Inc.
• EVERTRU Fabrics

Recent Developments

In May 2023, Mohawk Industries, one of the leading companies operating in flooring production, has earned a place in America’s Climate Leaders announced by USA Today. The company was the only participant from the home textiles industry to be recognized as one of the industry players to significantly reduce the carbon footprint.

In July 2023, Shaw Industries Group, Inc. has been provided with license to the Works with WELL mark for its EcoWorx carpet tile which are the products made available from Patcraft, Philadelphia Commercial and Shaw Contract globally. This enables the purchasers and products specifiers to identify these products as contributors to WELL Certification requirements.

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